Water heater company to create 150 jobs in Ill.

About 150 jobs are headed to the Galesburg area.

WGIL-AM reports that a company that makes more efficient tankless water heaters announced Monday that it will be ready for production by next year. The company is called Intellihot Green Technologies Inc.

The company received $2.5 million in loan money from the city and state. The company is to locate at Galesburg's Sustainable Business Center.

The 150 jobs are to be created over the next four years.